The forex combo system simply means a system that employs the combination of time tested strategies in trading the forex market. The belief of the designers (as well as many other traders) is that it is not right to focus on those systems that are said to trade effectively in all market conditions, because the forex market is forever dynamic. It brings some real diversification and flexibility to traders, which help them to profit specifically from different trades under different market conditions.
Generally, the four consistently successful trading strategies that make up the forex combo system are
1. Trend detection
2. Range detection
4. Market correction
The trading algorithm of the system detects the market condition, the best strategy to use among what the forex combo system can offer, and automatically evaluates the market to uncover hidden opportunities in any market condition.
FOREX COMBO SYSTEM 5 0:
From the advent of this forex trading system, a different version of it has been released. There is the forex combo system 3, forex combo system 5, forex combo system 3 1, and forex combo system 5 0. They all have the general characteristic of combining age long verified profitable strategies in a system.
The forex combo system 5 0 came with a new filter functionality, and this was as a result of users’ demands. This is a typical example of what a trading system should be all about; flexible enough to accept changes made by the user or the author. This feature of forex combo system 5 0 can decrease the drawdown; that is the difference between a trader’s account balance and the equity. It can also be referred to as the peak-to-trough decline during a period of a trade. For a better understanding, a drawdown feature simply helps determine the financial risk of a trade so that traders can take precaution as they see necessary. When the drawdown decreases, it means more exposure to risk, and anyone will think it is bad; which of course, would have been the case if it does not also reduce the trading activities of the system, carefully selecting high potential profitable trades.
Other features of the forex combo system 5 0 include
- Stop loss protection
- Market scan
- Rigorous testing
- Money management
- Volatile market protection
To access the forex combo system one can either go for
- One real money account plan with four trading system for $129
- Two real money account and four trading system for $199
The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteForex. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.